McDonald’s names new head of U.S. unit

LOS ANGELES (Reuters) - McDonald's Corp on Wednesday said Michael Andres will retire as president of McDonald's USA at the end of the year as the fast-food chain fights to maintain the momentum of its turnaround plan amid intense competition from indu...

LOS ANGELES (Reuters) – McDonald’s Corp on Wednesday said Michael Andres will retire as president of McDonald’s USA at the end of the year as the fast-food chain fights to maintain the momentum of its turnaround plan amid intense competition from industry rivals and low grocery prices.